194
194
Sep 28, 2012
09/12
by
MSNBCW
tv
eye 194
favorite 0
quote 0
. >> trillion dollar deficits. that debt is owned by somebody. someone holds that. that puts america in a position of economic risk. >> reporter: but even supporters are split on how romney can win this race. >> there is more fire in the belly. >> he needs to stick with the facts. it's all about the economy. >> reporter: more than half the country already started voting days before the first presidential debate. more numbers now. gallup is reporting the president's approval rating is sticking at 50%. and this could turn out to be his best month in a year. >> tracie potts for us in washington. thank you. >>> last night on the rachel madow show bill burton talked to racel about the impact or lack thereof super packs are having on the romney campaign. >> on the republican side, the story they tell about mitt romney is there is no story about mitt romney. the story they tell about barack obama is well he's always bad things. if you're trying to figure out well what is it that -- what's the strategy here? how are we trying to win this race? it's more difficult on their s
. >> trillion dollar deficits. that debt is owned by somebody. someone holds that. that puts america in a position of economic risk. >> reporter: but even supporters are split on how romney can win this race. >> there is more fire in the belly. >> he needs to stick with the facts. it's all about the economy. >> reporter: more than half the country already started voting days before the first presidential debate. more numbers now. gallup is reporting the president's...
176
176
Oct 3, 2012
10/12
by
MSNBCW
tv
eye 176
favorite 0
quote 0
the deficit number? >> probably the deficit. i think if you are the president's campaign you're less worried about romney's numbers right now. on the one hand the 40% right direction is the highest it has been in 3 1/2 years and any incumbent heading in that is momentum. 53% say the country is headed in the wrong track. i think this for the president is not about mitt romney. those advantages, chuck, on china, foreign policy and the deficit aren't as strong as for usual republicans. and the final point i would make is i think the important thing for this election is that braump has a 52 positive, 42 negative image. mitt romney has a negative image. only two have had a net negative image at this point and one of them loss, george h.w. bush and romney needs to improve that dynamic. >> democratic pollster. thank you very much to both of you. we have to get back in the field. let's keep poling. just two days away from friday's jobs report. we will get a quick preview on wall street on the market run down. and then we are taking a tr
the deficit number? >> probably the deficit. i think if you are the president's campaign you're less worried about romney's numbers right now. on the one hand the 40% right direction is the highest it has been in 3 1/2 years and any incumbent heading in that is momentum. 53% say the country is headed in the wrong track. i think this for the president is not about mitt romney. those advantages, chuck, on china, foreign policy and the deficit aren't as strong as for usual republicans. and...
428
428
Sep 27, 2012
09/12
by
MSNBCW
tv
eye 428
favorite 0
quote 0
place that's going to be good for the country, that's a long-term deal so we're not revisiting the deficit and debts every year. that's what we need to be debating. we need to look at what we can do as i said that's comprehensive, that looks at all aspects of the budget, that minimizes the negative impact on both the defense and the domestic side. and we should be working together to do that. >> josh tyrangiel has a question for you, senator. >> senator, how would you characterize the conversations? i'm interested in the mechanic of how these things move forward. are you guys meeting in somebody's office, are you cordial, are things all on the table? are there certain things everybody's announced as let's not touch this? can you talk about how it works? >> well, as i said, this was a group of six of us who met, five of us met fairly regularly for a couple of weeks. it reflects, i think, a number of groups that have been meeting within the senate, trying to see where there are areas of agreement, looking at what we need to do to be as comprehensive as possible to reduce, as many of the pote
place that's going to be good for the country, that's a long-term deal so we're not revisiting the deficit and debts every year. that's what we need to be debating. we need to look at what we can do as i said that's comprehensive, that looks at all aspects of the budget, that minimizes the negative impact on both the defense and the domestic side. and we should be working together to do that. >> josh tyrangiel has a question for you, senator. >> senator, how would you characterize...
164
164
Oct 4, 2012
10/12
by
MSNBCW
tv
eye 164
favorite 0
quote 0
no taxes to deal with the deficit. is that the right thing? >> keep in mind, he made it very clear that unlike this president, who i have to like as a person. i know him well. unlike president obama, he wants to work with congress. he knows he's not going to get anything done if he doesn't work with congress. >> but he drew a line there. is that a fuzzy line? >> i'm with it on the line. one thing that has to be made very clear is the wealthy will be paying just as much as they're paying now. >> but they shouldn't pay more. >> i thought one of the best lines is that basically we're tired of trickle down government. and he turned the tables on the president. we have the president who believes it will government is the last answer to everything. do you think that is going to be a political liability in the state of florida? >> well, keep in mind, he brought up pretty forcefully that the president cut medicare. he also said that look, we are going to keep medicare exactly as it is for those 55 years or older. but we have to do something to help th
no taxes to deal with the deficit. is that the right thing? >> keep in mind, he made it very clear that unlike this president, who i have to like as a person. i know him well. unlike president obama, he wants to work with congress. he knows he's not going to get anything done if he doesn't work with congress. >> but he drew a line there. is that a fuzzy line? >> i'm with it on the line. one thing that has to be made very clear is the wealthy will be paying just as much as...
224
224
Oct 4, 2012
10/12
by
MSNBCW
tv
eye 224
favorite 0
quote 0
we have increased deficits. we have had unemployment over 8%. the middle class is hurting. and i think he did, thomas, give specifics. he gave his five-point plan how he is going to create jobs in this country. >> but senator, you don't think that we are better off than four years ago when it comes to 43 straight months of job growth, the fact that the auto bailout worked? the fact we have drawn out of the war in iraq and we are now slowly trying to map out the course to leave afghanistan? you don't think that the country is better off than we were four years ago as a whole, collectively? >> since you brought up the foreign situation, i think we are in a much worse position because the president withdrew from iraq and afghanistan without benchmarks that would be required to keep those countries stable when we leave. that's why we are seeing our people being shot by insiders in afghanistan. why things are breaking up in iraq. i don't think the world is safer because of what president obama has done. i think his foreign policy is very -- >> do you think we need to pull out of
we have increased deficits. we have had unemployment over 8%. the middle class is hurting. and i think he did, thomas, give specifics. he gave his five-point plan how he is going to create jobs in this country. >> but senator, you don't think that we are better off than four years ago when it comes to 43 straight months of job growth, the fact that the auto bailout worked? the fact we have drawn out of the war in iraq and we are now slowly trying to map out the course to leave...
179
179
Oct 4, 2012
10/12
by
MSNBCW
tv
eye 179
favorite 0
quote 0
the federal subsidy for pbs in 2012 doesn't make up a huge part of this deficit. for example, 2012, the federal subsidy for pbs was $444 million. if you compare that to romney's plan for the federal budget, you'll see how miniscule it is. pbs subsidy, $444 million. but if you look at the tax breaks to oil and gas companies that romney defended last night, those add up to $4 billion this year alone. and take a look at mitt romney's plan for the defense budget. he wants to increase spending by $2 trillion over the next ten years. so, i mean, big bird is a big diversion to what he's really talking about in terms of the deficit. >> well, i think those of us out here crave specifics from governor romney. and when he's talked about this in the past, he's often thrown big bird under the bus. i don't know what would happen if he threw big bird under the bass. maybe the bus would go off the road. but never the let's, he has this little set piece he does. do you want to know what i'll cut? i'll cut pbs and big bird, the national endowment of humanities and the amtrak subsid
the federal subsidy for pbs in 2012 doesn't make up a huge part of this deficit. for example, 2012, the federal subsidy for pbs was $444 million. if you compare that to romney's plan for the federal budget, you'll see how miniscule it is. pbs subsidy, $444 million. but if you look at the tax breaks to oil and gas companies that romney defended last night, those add up to $4 billion this year alone. and take a look at mitt romney's plan for the defense budget. he wants to increase spending by $2...
177
177
Sep 28, 2012
09/12
by
MSNBCW
tv
eye 177
favorite 0
quote 0
five was the budget deficit. so no one's minimizing the importance of the deficit but there really is not a program that deals with the other four and they are using extreme measures and cutting up various entitlements and americans that want to deal with the deficit. >> i think what happened in 2010 and democrats in a way allowed this to happen is that the republicans succeeded in making the deficit a central issue and a stand in for people's economic worries across the board. >> right. >> i think now it's much clearer to people that these two things are related but they are quite separate and there are moments when balancing the budget or cutting spending on things like schools and public safety can actually make unemployment worse. i think something else important has happened, which is the health care law was very unpopular on election day back then. the health care law is gaining ground. and they were demobilized, the democrats last time. they are not demobilized this time. >> they were strutting around, the
five was the budget deficit. so no one's minimizing the importance of the deficit but there really is not a program that deals with the other four and they are using extreme measures and cutting up various entitlements and americans that want to deal with the deficit. >> i think what happened in 2010 and democrats in a way allowed this to happen is that the republicans succeeded in making the deficit a central issue and a stand in for people's economic worries across the board. >>...
190
190
Oct 3, 2012
10/12
by
MSNBCW
tv
eye 190
favorite 0
quote 0
mitt romney, doesn't have a deficit reduction plan. he wants to spend $2 trillion more in defense, $5 trillion more in a tax cut won't tell us how you pay for, before you even start talking about deficit reduction. it's a joke to think mitt romney will actually take action to redaus the deficit. >> taxes, this week he did come out with this proposal of eliminating $17,000 in deductions. >> right. >> your response to that? >> well, you know, he left out a number of different details of that proposal but i would also say that limiting deductions to $17,000 for middle-class families still results in a tax increase. even in just the health premium deduction, for families last year, were about $15,000. there you go. what happens to the mortgage deduction, charitable deduction, child deduction. he's raising taxes on middle class families. >> if this comes up and mitt romney starts to do that math that paul ryan wouldn't do, i'm sure this will be a topic of discussion. >> how worried are you about the jobs report on friday? >> we face this ev
mitt romney, doesn't have a deficit reduction plan. he wants to spend $2 trillion more in defense, $5 trillion more in a tax cut won't tell us how you pay for, before you even start talking about deficit reduction. it's a joke to think mitt romney will actually take action to redaus the deficit. >> taxes, this week he did come out with this proposal of eliminating $17,000 in deductions. >> right. >> your response to that? >> well, you know, he left out a number of...
107
107
Sep 27, 2012
09/12
by
MSNBCW
tv
eye 107
favorite 0
quote 0
focusing on energy, independent skills that will allow people to succeed, a trade that works for america, deficit reducti reduction, and being a champion for small business, which is not what the president has done. and as we get in the debates it will be critical to show the contrast between governor romney and the president. the good thing is wasserman schultz down played the president's expectations as expected by the democrats, but he is the gifted speaker. the problem is, he does not have the gift of a positive record to run on. the economy is in the toilet and t current news we have on informed policy is troubling. the administration knew this was a terrorist attack within the first 24 hours yet they continue to say this is the result of a video in a movie trailer, put ambassador rice out there being extremely dishonest with the american people. that's troubling. and those troops will come out in the debates. >> alice, we've gone to war with countries saying they were responsible for nerch when they really weren't. i'm talking about iraq. give the white house a little leeway here on figurin
focusing on energy, independent skills that will allow people to succeed, a trade that works for america, deficit reducti reduction, and being a champion for small business, which is not what the president has done. and as we get in the debates it will be critical to show the contrast between governor romney and the president. the good thing is wasserman schultz down played the president's expectations as expected by the democrats, but he is the gifted speaker. the problem is, he does not have...
230
230
Sep 29, 2012
09/12
by
MSNBCW
tv
eye 230
favorite 0
quote 0
numbers guy, a budget guy, he's showing voters who come to these rallies exactly, and in raw numbers, the deficit problem the country has and he said that mitt romney is the better candidate to try to reverse the trend that the united nations government has been on in the past four years. so we'll have to see if he sharpens that attack even more today. but clearly they know they've got some challenges ahead, in new hampshire, of course the battleground state just four electoral votes there. in this tight race four votes could mean the difference between who is president and who is not. they want to fight hard. mitt romney's adopted home state there, if you will. >> right, so he'll be doing that for sure in new hampshire and then in ohio today. okay, thank you very much, ron mott appreciate that. >>> let's get more on the president's surge in the polls. he is increasing his lead in a number of key swing states. he's leading in all nine nbc/"wall street journal"/marist polls taken over the last three weeks. let's talk about what's happening from the gop perspective. because some there are complaini
numbers guy, a budget guy, he's showing voters who come to these rallies exactly, and in raw numbers, the deficit problem the country has and he said that mitt romney is the better candidate to try to reverse the trend that the united nations government has been on in the past four years. so we'll have to see if he sharpens that attack even more today. but clearly they know they've got some challenges ahead, in new hampshire, of course the battleground state just four electoral votes there. in...
180
180
Oct 4, 2012
10/12
by
MSNBCW
tv
eye 180
favorite 0
quote 0
they were deficit financed in the first place. the president is counting on savings from last year when the white house and congress raised the debt ceiling. >> andrea mitchell reporting. lawrence o'donnell asked martin o'malley what president obama should do next time he faces mitt romney in a debate? >> i think the president has to keep doing what he's doing. be truthful about why he made the choices he made. keep talking about the fact we are moving forward, not back with positive job growth. he has to continue to press governor romney that he's not putting forth the specifics of how he would do the various things he promised. it is a choice right now between two alternatives. i think problem's is based on the reality of the decisions we must make together as a people if we want a better and stronger economy. don't miss lawrence o'donnell on msnbc, the place for politics. here is a look at other news. in south carolina, a viole attack caught on camera. a convicted robbery defendant surprised his public defender with a roundhous
they were deficit financed in the first place. the president is counting on savings from last year when the white house and congress raised the debt ceiling. >> andrea mitchell reporting. lawrence o'donnell asked martin o'malley what president obama should do next time he faces mitt romney in a debate? >> i think the president has to keep doing what he's doing. be truthful about why he made the choices he made. keep talking about the fact we are moving forward, not back with...
234
234
Oct 1, 2012
10/12
by
MSNBCW
tv
eye 234
favorite 0
quote 0
the deficit is over 16%. that's the types of things i would start doing and on their brass tax facts that they can be using and we're making it vague and all of the things that we have in common as republicans with president obama but we do not. >> well, i mean -- look, debates are not just about landing punches. real people look at debates and say, what kind of a person are you? what kind of leader are you? what kind of person are you? if he doesn't communicate what kind of he person he is, no one is going to vote for him. >> meghan, she's like a straight shooter. >> i'm at my breaking point with this. and i like governor romney. >> we don't have to agree on everything but at least you're candid. meghan mccain and richard wolffe, thank you for your time tonight. as i've said before, this election is not about obama. it's about your mama. new polls show that the public thinks the big issue at stake on this election day, including medicare, social security, and our safety net. but, first, the right double stan
the deficit is over 16%. that's the types of things i would start doing and on their brass tax facts that they can be using and we're making it vague and all of the things that we have in common as republicans with president obama but we do not. >> well, i mean -- look, debates are not just about landing punches. real people look at debates and say, what kind of a person are you? what kind of leader are you? what kind of person are you? if he doesn't communicate what kind of he person he...
310
310
Oct 3, 2012
10/12
by
MSNBCW
tv
eye 310
favorite 0
quote 0
we have seen a trade deficit explode. take auto parts. ten years ago, the trade deficit was $1 billion with choina on auto parts. today it's $10 billion. that's why the president at the ur urging of a number of us, they have taken china to the world trade organization to show china is cheating and to ask for tariffs to protect american companies and to protect american workers. and we're seeing a pattern of the government finally on the side of workers, finally on the side of american manufacturing, standing up for american workers against china. we have a new steel mill. we're seeing jobs actually come to this country or stay in this country because we're standing up and enforcing trade rules. >> romney and the republicans keep talking about another tax cut for the job creators. don't we just see them increasing their profits by outsourcing this way? i mean, the model that romney wants to lay on the country, how could it be good for workers in ohio? >> well, it's not. we tried these tax cuts for the rich. hoping it trickles down to the m
we have seen a trade deficit explode. take auto parts. ten years ago, the trade deficit was $1 billion with choina on auto parts. today it's $10 billion. that's why the president at the ur urging of a number of us, they have taken china to the world trade organization to show china is cheating and to ask for tariffs to protect american companies and to protect american workers. and we're seeing a pattern of the government finally on the side of workers, finally on the side of american...
180
180
Oct 4, 2012
10/12
by
MSNBCW
tv
eye 180
favorite 0
quote 0
. >> there will be no tax cut that adds to the deficit. i'll underline that, no tax cut that adds to the deficit. >> really? okay. what kind of mileage does it get? >> number one, pre-existing conditions are covered under my plan. >> huh? okay. do the brakes work? >> i'm sorry, jim, i'm going to stop this subsidy to pbs. i'm going to stop other things. i like pbs. i love big bird. >> let's not. let's let him respond. >> i get the last word. let me make this comment. >> nope. come on, mr. president, give us a peek under the hood. >> five week before the election he's saying that his big, bold idea is never mind. is the reason that governor romney is keeping all these plans to replace secret because they're too good? is it because that somehow middle class a families are going to benefit too much? ♪ i guess you're just what i needed ♪ >>> we begin with the president criticized as being less than effective last night by hyperventilating pundits across the board, but now getting his own chance to put a spin on the first presidential debate
. >> there will be no tax cut that adds to the deficit. i'll underline that, no tax cut that adds to the deficit. >> really? okay. what kind of mileage does it get? >> number one, pre-existing conditions are covered under my plan. >> huh? okay. do the brakes work? >> i'm sorry, jim, i'm going to stop this subsidy to pbs. i'm going to stop other things. i like pbs. i love big bird. >> let's not. let's let him respond. >> i get the last word. let me make...
169
169
Sep 26, 2012
09/12
by
MSNBCW
tv
eye 169
favorite 0
quote 0
>> do we want four more years of trillion-dollar deficits? >> no. >> so, ben, mitt romney has raised $6 million to president obama's $2.8 million. the super pacs as i know you're aware has fire power to release. when that happens in conjunction with the debates, do you fear an even tighter race here? >> well, mitt romney has to pre sent a plan. that's what these advertisements won't be able to do. the burden is on him to explain why returning to the same economic policies that caused the crisis in the first place, more tax cuts for millionaires and billionaires, stripping it over wall street will somehow unleash job creation when it hasn't in the past. ultimately they here not building on the ground. we've been on the ground for the past four years. our organizers and supporters talking to their neighbors and communities. they may be able to build a 72-hour turnkey operation but they won't have the same roots in the community that we've been building over the past four years. that will be stronger than any negative advertisement on the air fo
>> do we want four more years of trillion-dollar deficits? >> no. >> so, ben, mitt romney has raised $6 million to president obama's $2.8 million. the super pacs as i know you're aware has fire power to release. when that happens in conjunction with the debates, do you fear an even tighter race here? >> well, mitt romney has to pre sent a plan. that's what these advertisements won't be able to do. the burden is on him to explain why returning to the same economic...
148
148
Oct 3, 2012
10/12
by
MSNBCW
tv
eye 148
favorite 0
quote 0
it's going to be deficit neutral. you say you're going to close loopholes, deal with deductions, so let's talk about those deductions. you know, home mortgage deduction, charitable giving deduction, health care deduction. are you willing to tell the middle class -- >> tax deduction. >> are you willing to tell the middle class some of these are off the table? if you are, how do you pay for it? >> he's not going to. he has bucket, 17 grand. is that not good enough for you? >> that's the problem. if he starts getting specific like that, what the right wants to hear is not what 80% of the country wants to hear. that's the fundamental problem he has. >> the bar is pretty low for mr. romney. how does he get through the 90 minutes without any further problems? very quickly. >> i've been a big fan of the fact that mitt romney is the gift that keeps on giving. listen, if mitt romney doesn't produce a verbal or a physical gaffe tonight, then by and large, i think the republicans will probably say that he won. but, i think that
it's going to be deficit neutral. you say you're going to close loopholes, deal with deductions, so let's talk about those deductions. you know, home mortgage deduction, charitable giving deduction, health care deduction. are you willing to tell the middle class -- >> tax deduction. >> are you willing to tell the middle class some of these are off the table? if you are, how do you pay for it? >> he's not going to. he has bucket, 17 grand. is that not good enough for you?...
209
209
Sep 27, 2012
09/12
by
MSNBCW
tv
eye 209
favorite 0
quote 0
ohio with some board behind them with numbers and saying how it's a moral obligation to reduce the deficit, just ask them, well, explain how the numbers work. >> then the president turned his own gaffe into a hit on romney. >> i want to see us export more jobs. export more products. excuse me. i was -- i was channeling my opponent there for a second. >> this morning the big news is from the obama campaign. they are out with a two-minute television ad that to many will look like a campaign closure spot if you will and the campaign believes frankly that for many voters it is the closing days before voting. voters in 30 states are already eligible to vote. this ad is the last thing the campaign wants the people to see before the debates. this ad airs in colorado, florida, iowa, nevada, new hampshire and virginia. not north carolina or wisconsin. take a look. >> during the last weeks of this campaign there will be debates. speeches. and more ads. if i could sit down with you in your living room or around the kitchen table, here's what i would say. when i took office, we were losing nearly 800,
ohio with some board behind them with numbers and saying how it's a moral obligation to reduce the deficit, just ask them, well, explain how the numbers work. >> then the president turned his own gaffe into a hit on romney. >> i want to see us export more jobs. export more products. excuse me. i was -- i was channeling my opponent there for a second. >> this morning the big news is from the obama campaign. they are out with a two-minute television ad that to many will look...
257
257
Sep 27, 2012
09/12
by
MSNBCW
tv
eye 257
favorite 0
quote 0
you want to do this with the deficit. i want to do that. it's like the reason i want to do this is because i have a different set of values than republicans. >> what are those values? spell them out. >> using government as a communal progressive force to protect the safety net and to come together and invest in innovation, education, infrastructure. we're in it together. versus the ryan budget, which used as a stand-in first republican nominee, which says we're on it alone, get rid of government and give you a voucher, find medicare on your own. here comes romney and he sort of fits the mold. he's a 1 percenter. he shows no empathy, even before the 47%. >> a pure market guy. >> they use bain, from the beginning, as cynthia noted, as a value. he's out there making money. i'm thinking of wider ames and goals. >> a new bloomberg goal that has president obama leading mitt romney by six points nationally. for one big reason, half of the polls say they have an unfavorable view of mitt romney. bloomberg reports, this is a september high for a pres
you want to do this with the deficit. i want to do that. it's like the reason i want to do this is because i have a different set of values than republicans. >> what are those values? spell them out. >> using government as a communal progressive force to protect the safety net and to come together and invest in innovation, education, infrastructure. we're in it together. versus the ryan budget, which used as a stand-in first republican nominee, which says we're on it alone, get rid...
174
174
Sep 26, 2012
09/12
by
MSNBCW
tv
eye 174
favorite 0
quote 0
romney failing to make the sale on almost any issue, including the economy where he's at a six-point deficit to the president. six points on the economy? oh, my ohio. mitt romney knows that's trouble. and in a brand new ad one reason is clear, as romney plays face the camera doing his best damage control over that 47% video. >> president obama and i both care about poor and middle class families. the difference is my policies will make things better for them. >> and, cut. very good. that was marginally convincing. maybe a little more -- tell you what here's an example of a politician speaking this afternoon in bowling green with genuine authenticity and commitment. >> my opponent may think it's fair that someone who makes $20 million a year like he does pays a lower rate than a teacher, i disagree. i don't think that's fair. i don't think it helps grow our economy. i refuse to ask middle class families to give up their deductions for owning a home or looking after their kids just to pay for another millionaire's tax cuts. we're not going to do that. >> dear me. did we mention ohio voting sta
romney failing to make the sale on almost any issue, including the economy where he's at a six-point deficit to the president. six points on the economy? oh, my ohio. mitt romney knows that's trouble. and in a brand new ad one reason is clear, as romney plays face the camera doing his best damage control over that 47% video. >> president obama and i both care about poor and middle class families. the difference is my policies will make things better for them. >> and, cut. very good....
234
234
Oct 3, 2012
10/12
by
MSNBCW
tv
eye 234
favorite 0
quote 0
>> i want to get your reaction to the new finding that shows mitt romney leads on dealing with the deficit, the economy, while the president leads on a host of issues while looking out for the middle class. do you think joe biden's remarks about the middle class being buried will make the president's job harder tonight? >> the middle class has really suffered as a result of this economic downturn and frankly, president obama knows that. and he has been working to enact policies that will help the middle class. mitt romney's recent remarks about the 47%, he doesn't represent them. they're not going to vote for him. those are the people who have been hurt by this economy and they're the people frankly that president obama and the democrats in congress have been trying to work to help as we begin to come out of this recession. certainly tax cuts for the top 1% of americans are not going to help middle class voters. >> one thing i want to get your take on, looking specifically at your own state, colorado, our latest poll showing president obama with a five-point lead over mitt romney. 5 50-45%
>> i want to get your reaction to the new finding that shows mitt romney leads on dealing with the deficit, the economy, while the president leads on a host of issues while looking out for the middle class. do you think joe biden's remarks about the middle class being buried will make the president's job harder tonight? >> the middle class has really suffered as a result of this economic downturn and frankly, president obama knows that. and he has been working to enact policies that...
204
204
Sep 29, 2012
09/12
by
MSNBCW
tv
eye 204
favorite 0
quote 0
a $1 trillion deficit, to be precise. so ladies and gentlemen, these guys talk about the national debt. they talk about this, you know -- and what they did generated the slowest growth in private sector jobs since world war ii. it gave us this great recession. and what they haven't told you is, what they've been unwilling to do, to do anything about it. here's the deal, folks. we laid out a $4 trillion debt reduction plan over the next ten years. $4 trillion. we've already passed a trillion of it. ladies and gentlemen, these guys vote against everything. no, no, no, i really mean it. not only do they say they don't like our plan. okay, i get that. you don't like our plan. what's your plan? >> vice president biden there today in florida. still to come, why dthe debate n denver is essentially do or die for mitt romney. we'll talk about that. >>> first, though, the very unladylike game of politics and why that guy seems to be surviving. [ male announcer ] for the dreamers... and those well grounded. for what's around this co
a $1 trillion deficit, to be precise. so ladies and gentlemen, these guys talk about the national debt. they talk about this, you know -- and what they did generated the slowest growth in private sector jobs since world war ii. it gave us this great recession. and what they haven't told you is, what they've been unwilling to do, to do anything about it. here's the deal, folks. we laid out a $4 trillion debt reduction plan over the next ten years. $4 trillion. we've already passed a trillion of...
227
227
Oct 4, 2012
10/12
by
MSNBCW
tv
eye 227
favorite 0
quote 0
if it's deficit, the president the in a weaker position, because people just associate him with the deficits, with spending. that's been a very effective line for mitt romney. and it's actually going to be interesting to see whether jim lehrer subscribes to a beltway connection with deficits, and we see from those numbers, the president is doing poorly on deficits and he's winning the race right now. >> people vote more on jobs than they vote on deficits, despite the amount the beltway obsesses on it. ed, last word? >> the other thing about the deficit, this could rope the president into a very vulnerable position and get him into a conversation about what hays going to do if he's re-elected when it comes to the big three, medicare, medicaid, and social security. i mean, is he really going to go big? >> that's a big question. >> you bet it is. and if romney can get him into a position, saying he is going to go after those big three, i guarantee you -- the president already got a letter last week, tell us what you're going to do with these earned entitlement programs, whatever you want to cal
if it's deficit, the president the in a weaker position, because people just associate him with the deficits, with spending. that's been a very effective line for mitt romney. and it's actually going to be interesting to see whether jim lehrer subscribes to a beltway connection with deficits, and we see from those numbers, the president is doing poorly on deficits and he's winning the race right now. >> people vote more on jobs than they vote on deficits, despite the amount the beltway...
164
164
Sep 28, 2012
09/12
by
MSNBCW
tv
eye 164
favorite 0
quote 0
it used to be obama was suffering a big deficit next to romney with that. since several weeks ago, probably tied to the convention, those numbers have turned and all of a sudden the democratic brand with respect to the economy has become more popular than the republican brand. >> mourdock who has been a hardliner, he's been trying to embrace the moderate positions claiming he's more open to compromise, claiming he will protect social security and medicare. but this is not the same mourdock who defeated richard lugar in the primary. are richard lugar and others paying their price for the extremism? >> i would add to what sam said, part of the aftermath of 47%-gate. it's tough to make the argument you're best on the economy when you think you should only be working for half of the people on the economy, right? that's how the comments were perceived. to your question, ed, i want to add, this is not just having a trickledown effect to other senate races. the only shot we have at electing a new woman governor is actually -- >> it's ticket-wide, no question. >> w
it used to be obama was suffering a big deficit next to romney with that. since several weeks ago, probably tied to the convention, those numbers have turned and all of a sudden the democratic brand with respect to the economy has become more popular than the republican brand. >> mourdock who has been a hardliner, he's been trying to embrace the moderate positions claiming he's more open to compromise, claiming he will protect social security and medicare. but this is not the same...
195
195
Sep 28, 2012
09/12
by
MSNBCW
tv
eye 195
favorite 0
quote 0
he says he will do three things, cut tax rates 20%, as you said, keep the budget deficit from getting larger, and protect the middle class from any tax increases. well, look, if you're going to cut taxes and you're going to be revenue neutral about it, that is not increase the budget deficit, that means somebody is going to have to pay more to offset the fact that somebody is paying less. >> and who is going to pay more? >> well, what mitt romney initially said was that we will just -- we'll get that from the top 1%. we'll get that from wealthy folks. well, that's where the arithmetic comes in. if you look at all of the deductions, you sum them all up, every single tax deduction going to those high-end folk, they don't make up the difference. it's not enough to offset the rate cuts. so you'd have to go to the middle class. >> okay. well, ryan and romney are fond of bragging about how they'll be tough on issues. once again we give you the candidate. >> we'll also take medicaid as well as housing and food stamps, we'll take the dollars that are going in those programs, return them to th
he says he will do three things, cut tax rates 20%, as you said, keep the budget deficit from getting larger, and protect the middle class from any tax increases. well, look, if you're going to cut taxes and you're going to be revenue neutral about it, that is not increase the budget deficit, that means somebody is going to have to pay more to offset the fact that somebody is paying less. >> and who is going to pay more? >> well, what mitt romney initially said was that we will just...
283
283
Oct 1, 2012
10/12
by
MSNBCW
tv
eye 283
favorite 0
quote 0
he's increased the deficit a trillion dollars a year. so let's start with the failures of this administration. mitt romney has said look, we've got to cut spending, we're broke, we've overpromised, we've overspent -- >> but sir -- >> and -- >> governor, where would he cut the spending. >> let's trust him on that. >> you cut a lot of domestic -- we've already got a plan to cut a trillion -- $1.2 trillion. half of it is balanced on defense spending in a time of war. that's a mistake. and so i think we need to cut trillions of dollars in order to get our budget balanced. and you could start with cutting two or three or 4% almost across the board some of the things that other governors have done, by i think you target it in those areas where the spending has not produced tangible results in the quality of life for the people. i can just tell you, andrea, i did it in virginia, governors like christie and scott and kasic and walker have done it in all of their states, mitt romney did it when he was governor of massachusetts, $3.5 billion defic
he's increased the deficit a trillion dollars a year. so let's start with the failures of this administration. mitt romney has said look, we've got to cut spending, we're broke, we've overpromised, we've overspent -- >> but sir -- >> and -- >> governor, where would he cut the spending. >> let's trust him on that. >> you cut a lot of domestic -- we've already got a plan to cut a trillion -- $1.2 trillion. half of it is balanced on defense spending in a time of war....
13
13
tv
eye 13
favorite 0
quote 0
zone is also at stake the government needs to save thirty billion euros in twelve months to reduce the deficit from this year's four and a half percent to three percent the e.u. ceiling for member countries higher taxes for business and wealthy individuals are expected to bring twenty billion and all and has outlined a plan to save the other ten billion by cutting public spending plans was so you know has worked in a handful of french ministries over the last twenty years he says france's current leader may fall into the same trap many of his criticizers deal. who who who the past decades of governments have been cutting and cutting and cutting mostly to expenses to balance budgets but in fact the more they cut the slower the economic growth and consequently more cuts this will be a catastrophic budget i think taxing the rich and unprecedented seventy five percent for those that earn however a million euros a year was one of our lands crucial election promises allow a publisher editor and a french millionaire says the move is nothing but a political game. did this to make his electorate come d
zone is also at stake the government needs to save thirty billion euros in twelve months to reduce the deficit from this year's four and a half percent to three percent the e.u. ceiling for member countries higher taxes for business and wealthy individuals are expected to bring twenty billion and all and has outlined a plan to save the other ten billion by cutting public spending plans was so you know has worked in a handful of french ministries over the last twenty years he says france's...
225
225
Oct 3, 2012
10/12
by
MSNBCW
tv
eye 225
favorite 0
quote 0
if you're a republican and deficits with minorities and women, you need those white seniors to show up in large numbers for you. maybe they won't really understand that they fit into this category. there is a fair number of people who think this other people who are drawing on government subsidy in one way or another. but that vision part of this debate is going to be interesting because mitt romney has set himself up for some pretty difficult territory. are people on social security the kinds of voters that you are talking about, mr. romney, in this debate tonight, when you say government is paying too big a role in people's lives. that's a tricky one for him to walk out of. >> are the elderly moochers? he's going to have to answer that question. >> service members on disability? i mean same thing. >> coming on the heels of the romney campaign trying to use joe biden's biden-esque turn of phrase the middle class has been buried and you know, biden has walked that back, you know, is it an indictment of the president? look if you're going to fight for the ground on the middle class i do
if you're a republican and deficits with minorities and women, you need those white seniors to show up in large numbers for you. maybe they won't really understand that they fit into this category. there is a fair number of people who think this other people who are drawing on government subsidy in one way or another. but that vision part of this debate is going to be interesting because mitt romney has set himself up for some pretty difficult territory. are people on social security the kinds...
29
29
tv
eye 29
favorite 0
quote 0
is still part of cope with its own deficit struggling to reduce that deficit in catalonia about forty billion euros but here they say they've made deeper and tougher cuts than anywhere else in spain this issue actually earlier this month or so about a million people onto the streets in barcelona is a call for independence away from madrid because a very tough time for spain as a whole particularly for the government of prime minister rudd hordes as one m.p.'s dubbed it is a crisis on top of a crisis as they're facing their own problems of deficit reduction and people coming out to the streets in their tens of thousands to protest against how the government is handling austerity measures. we've just seen this week protests turned violent the occupy congress movement which started peacefully aim to get a message of and just terribly through choice piece and ended in violence of police pushing back the protesters with a big hit by battens having robots their direction and it's also about sixty people were injured in proceedings about thirty people being detained as a worrying sign for so
is still part of cope with its own deficit struggling to reduce that deficit in catalonia about forty billion euros but here they say they've made deeper and tougher cuts than anywhere else in spain this issue actually earlier this month or so about a million people onto the streets in barcelona is a call for independence away from madrid because a very tough time for spain as a whole particularly for the government of prime minister rudd hordes as one m.p.'s dubbed it is a crisis on top of a...
272
272
Oct 4, 2012
10/12
by
MSNBCW
tv
eye 272
favorite 0
quote 0
we went from deficit to surplus. and businesses did very well. >> you know what i hear and i hear it in the president's speeches, he's still working the interest groups rather than selling a national plan. he keeps talking about more teachers. he doesn't necessarily push education he pushes more teachers and he'll refurbish the school buildings. grant it the aft like it maybe your people like it but it isn't a national plan for economic development and tonight they said what's your difference and that's all he could come up with is something about the teachers. where's the national macroeconomic plan to get us out of these doldrums. >> i think he talks about education in a much different way as well. and not just talk about. he's done it. he talked about the "race to the top" tonight. as a fompbler urban school superintendent that's done more to reform schools across the country than anything else the federal government has ever done but there needs to be more than that as well. he's talked about manufacturing and ta
we went from deficit to surplus. and businesses did very well. >> you know what i hear and i hear it in the president's speeches, he's still working the interest groups rather than selling a national plan. he keeps talking about more teachers. he doesn't necessarily push education he pushes more teachers and he'll refurbish the school buildings. grant it the aft like it maybe your people like it but it isn't a national plan for economic development and tonight they said what's your...
155
155
Oct 1, 2012
10/12
by
MSNBCW
tv
eye 155
favorite 0
quote 0
mitt romney doesn't have a deficit plan. he has a plan to cut taxes for millionaires and billionaires. one thing that will be interesting wednesday if he'll finally explain how his math adds up. he has a $5 trillion tax cut, on top of a $5 trillion to extend the bush cuts, and another $2 trillion in defense spending that our leaders say they don't need. $8 trillion. he says he's not going to add to the deficit. if he's not going to add to the deficit, the middle class better watch out because they'll pay the burden if he is elected because the hole is just too big. and it will be interesting on wednesday. if he says he's not going to burden the middle class, then he's going to blow a hole in the deficit. >> will we see president obama here on "meet the press" before election day? >> well, there's 37 days left, so we'll stay in contact about it. >> all right. we hope to see him here. mr. plouffe, thank you. >> thank you, david. >>> coming up, what are the stakes for both campaigns? the roundtable will get into it. founder of
mitt romney doesn't have a deficit plan. he has a plan to cut taxes for millionaires and billionaires. one thing that will be interesting wednesday if he'll finally explain how his math adds up. he has a $5 trillion tax cut, on top of a $5 trillion to extend the bush cuts, and another $2 trillion in defense spending that our leaders say they don't need. $8 trillion. he says he's not going to add to the deficit. if he's not going to add to the deficit, the middle class better watch out because...
199
199
Sep 26, 2012
09/12
by
MSNBCW
tv
eye 199
favorite 0
quote 0
it's the only area that he beats the president 4% in terms of the deficit. but before you celebrate that -- >> i'm celebrating that. >> -- the bloomberg poll finds that 50% of americans view him unfavorably. 50%. that's the worst september rating for a presidential challenger in three decades of the poll. the worst. >> it's really bad. and you've got republicans saying, just wait for the debates. that's when people are going to tune in. >> every time he's had one of these moments -- and every time he's had one of these moments, not only has he failed to capitalize on them, in fact, he's fallen further behind. i don't think mitt romney is up to the task of turning this thing around and i don't think there are enough undecided voters left. >> bob, he's still digging in, feeling he could win white working-class voters in ohio on this welfare claim. he's sticking to his guns on the claim that the president wants to roll back work requirements for welfare even though politofact take a look at what he says. >> any time there's anything that has been amiss, we corr
it's the only area that he beats the president 4% in terms of the deficit. but before you celebrate that -- >> i'm celebrating that. >> -- the bloomberg poll finds that 50% of americans view him unfavorably. 50%. that's the worst september rating for a presidential challenger in three decades of the poll. the worst. >> it's really bad. and you've got republicans saying, just wait for the debates. that's when people are going to tune in. >> every time he's had one of...
182
182
Oct 2, 2012
10/12
by
MSNBCW
tv
eye 182
favorite 0
quote 1
see how they affect massachusetts, our country and debt and deficit and vote. i am a reliable vote for the bill. >> theme of the evening, independence good, partisanship bad. >> vote about 50% with my party and 50% with the democratic party and that's a lot different than what professor warren would do to be in lock step. >> when senator brown talks here in massachusetts about how very bipartisan he is and end pent he is he's not saying the same thing when he goes around the country raising money in this senate campaign. >> aliens watching the debate could be forgiven for voting in lock step is a criminal offense. warren accused brown of consistently voting with republican leadership to block jobs bills put forward by the president while brown said compromise was a foreign concept to the ultraliberal warren. with all political events this evening not without its gaffes. >> can you name some republicans in the senate today that you are able to work with on big, substantive issues that the country face this is. >> probably richard lugar would come to mind. >> he'
see how they affect massachusetts, our country and debt and deficit and vote. i am a reliable vote for the bill. >> theme of the evening, independence good, partisanship bad. >> vote about 50% with my party and 50% with the democratic party and that's a lot different than what professor warren would do to be in lock step. >> when senator brown talks here in massachusetts about how very bipartisan he is and end pent he is he's not saying the same thing when he goes around the...
15
15
tv
eye 15
favorite 0
quote 0
s dubbed it is a crisis on top of a crisis as they're facing their own problems of deficit reduction and people coming out to the streets in their tens of thousands to protest against how the government is handling austerity measures we've just seen this week protests turned violent the occupy congress movement which started peacefully aim to get a message of and just stared through to him peace and ended in violence of police pushing back the protesters were being hit by battens having bullets fired in their direction and it's also about sixty people were injured in proceedings about thirty people being detained as a worrying sign for some of these demonstrations turned more violent as the as a continued. and those inspiring the crowds in spain dubbed the indignados or the fifteenth of may movements named after the day when this series of mass demonstrations in the country started last year and some petro from there were a show on college university who also took part in this week's protests explains how popular the movement actually is among the people you are talking about this sp
s dubbed it is a crisis on top of a crisis as they're facing their own problems of deficit reduction and people coming out to the streets in their tens of thousands to protest against how the government is handling austerity measures we've just seen this week protests turned violent the occupy congress movement which started peacefully aim to get a message of and just stared through to him peace and ended in violence of police pushing back the protesters were being hit by battens having bullets...
178
178
Sep 30, 2012
09/12
by
MSNBCW
tv
eye 178
favorite 0
quote 0
mitt romney doesn't have a deficit plan. he's got a plan to cut taxes for millionaires and billionaires. one of the things that will be interesting wednesday, if he'll finally explain hows had math adds up. he's got a $5 trillion tax cut and nour $2 trillion in defense spending that our defense leaders say they don't need if he's not going to add to the deficit, the middle class better watch out because they're going to pay the burden if he's elected president, because the whole is just too big. so if he says he's not going to burden the middle class, then he's going to blow a hole in the deficit. >> will we see president obama on "meet the press" before election day? >> there's 37 days left. so we'll stay in contact about it. >>> coming up, we talk more about the first debate. what are the stakes for both campaigns. the round table will get into it founder of the faith and freedom coalition, ralph reed, former democratic pennsylvania governor, ed rendell. the bbc's catty kay and nbc's chuck todd. here's what happened... i w
mitt romney doesn't have a deficit plan. he's got a plan to cut taxes for millionaires and billionaires. one of the things that will be interesting wednesday, if he'll finally explain hows had math adds up. he's got a $5 trillion tax cut and nour $2 trillion in defense spending that our defense leaders say they don't need if he's not going to add to the deficit, the middle class better watch out because they're going to pay the burden if he's elected president, because the whole is just too...
184
184
Oct 3, 2012
10/12
by
MSNBCW
tv
eye 184
favorite 0
quote 0
deficit now. we are seeing some tight thing in the race the totality of the entire poll, whether it is that 47% comment or what people have actually seen and heard about mitt romney the past two weeks was a pretty negative outlook. >> as i understand it and you've noted i believe in first read today this new romney ad, i want to play tax direct answer perhaps to those people in the public concerned about that comment. let me play it. >> more americans live in poverty than when president obama took office. we should measure our compassion by how many of our fellow americans are able to get good-paying jobs, not by how many are on welfare. >> so, how does that answer the statement he made at that fund-raiser? >> tamron, it is an attempt. in fact, his second tv ad we have seen, an earlier one was a minute tv ad this is a short 3er 0-second one, trying to do everything they can to try to repair the damage. you have played it obama ad flag battleground states across the country where they are hitting a
deficit now. we are seeing some tight thing in the race the totality of the entire poll, whether it is that 47% comment or what people have actually seen and heard about mitt romney the past two weeks was a pretty negative outlook. >> as i understand it and you've noted i believe in first read today this new romney ad, i want to play tax direct answer perhaps to those people in the public concerned about that comment. let me play it. >> more americans live in poverty than when...
400
400
Oct 2, 2012
10/12
by
MSNBCW
tv
eye 400
favorite 0
quote 0
i'm sure you didn't miss it. 15-point deficit for mitt romney. i'm guessing you'll argue with some parts. >> i'm not going to argue with it at all. do you really believe it's right? let me test your political wisdom. do you think it's possible for that to be right? you know it's a piece of garb e garbage? >> this is a good pollster, but you can argue that it's not 15%. do you believe mitt romney is behind in new hampshire? >> no, i believe it's head to head in new hampshire. and i've seen enough other polls to tell you that is a piece of garbage. this race in new hampshire will be won by mitt romney by two to three points. i'm willing to say that publically and stick by it and i know that it that poll of 15 points is absolutely invalid. >> every sort of professional poll i have seen of campaigns, though, all seem to have barack obama ahead and the big issue in new hampshire has been the gender gap with moderate women who may be the republicans fiscally but uncomfortable on social issues. you have had to navigate that before. that's always an issu
i'm sure you didn't miss it. 15-point deficit for mitt romney. i'm guessing you'll argue with some parts. >> i'm not going to argue with it at all. do you really believe it's right? let me test your political wisdom. do you think it's possible for that to be right? you know it's a piece of garb e garbage? >> this is a good pollster, but you can argue that it's not 15%. do you believe mitt romney is behind in new hampshire? >> no, i believe it's head to head in new hampshire....
241
241
Sep 29, 2012
09/12
by
MSNBCW
tv
eye 241
favorite 0
quote 0
electorate like new hampshire is very independent minded, very flinty, cares a great deal about the deficit and taxes, even there he hasn't gained any advantage, despite being associated with the ryan plan. >> dante, if governor romney comes out big wednesday, if there's some big, bold new policy introduced at the debate in denver, how does that play? >> it may give romney a second chance. i think romney really needs to have a clear victory next week to throw new hampshire back into the mix. i mean, certainly, there is still some volatility here. no one's saying it's over here in new hampshire, but i think the thing is, new hampshire's behaving just like it did four years ago. nothing in the past four years has changed new hampshire's essential character as this democratic-leaning bellwether. >> last question here, ten seconds. we know that the state has been inundated with tv and web ads, obviously. talk to me really quickly about the ground game for governor romney. how would you characterize the governor's ground game in new hampshire? >> you know, it's somewhat -- it compares to obama,
electorate like new hampshire is very independent minded, very flinty, cares a great deal about the deficit and taxes, even there he hasn't gained any advantage, despite being associated with the ryan plan. >> dante, if governor romney comes out big wednesday, if there's some big, bold new policy introduced at the debate in denver, how does that play? >> it may give romney a second chance. i think romney really needs to have a clear victory next week to throw new hampshire back into...
233
233
Oct 1, 2012
10/12
by
MSNBCW
tv
eye 233
favorite 0
quote 0
who knows, it might help make inroads with that 9% deficit romney is facing against the president in the latest ohio poll. then again, there may not be enough time to do enough shots with enough intoxicated fans before voting starts in ohio tomorrow. so if his running mate is no use, how about a boost from the other person mitt's proposed to, his wife, ann. surely she can provide the comfort and confidence that mr. romney needs to fire up his bid for the presidency. >> my biggest concern obviously would just be for the -- his mental well-being. >> wait? what? mrs. romney, that's not helping. you better finish the thought. >> i have all the confidence in the world in his ability, in his decisiveness, in his leadership skills, in his understanding of the economy, in his understanding of what's missing right now in the economy, you know, the pieces that are missing to get this jump started. so for me i think it would be the emotional part of it. >> right. he's capable, decisive, and emotionally troubled? well, that is an october surprise. let's get right to our panel this afternoon. wit
who knows, it might help make inroads with that 9% deficit romney is facing against the president in the latest ohio poll. then again, there may not be enough time to do enough shots with enough intoxicated fans before voting starts in ohio tomorrow. so if his running mate is no use, how about a boost from the other person mitt's proposed to, his wife, ann. surely she can provide the comfort and confidence that mr. romney needs to fire up his bid for the presidency. >> my biggest concern...
180
180
Oct 1, 2012
10/12
by
MSNBCW
tv
eye 180
favorite 0
quote 0
including paul ryan tight-lipped on the specifics of the romney plan to cut taxes but not blow up the deficit. >>> and no animals were harmed in the making of this video. skater dude meet deer. that clip later in the show. first to the news live at 5:30 a.m. at 30 rock in new york city. >>> we begin with stories from overseas where foreign policy is coming out as the central topic in the election with much of the recent focus on the attack on bengahzi, libya. romney advisers are split on how broadly they should hit the president over his handling of the attack and why it took so long to acknowledge it was an act of terrorism. some romney advisers to keep the focus on the economy, some are saying romney should have a major foreign policy speech days after the debate. over the weekend, the white house was on the defensive after the friday's announcement that the deadly assault on the u.s. consulate in bengahzi was deliberate and organized. peter king of new york called on susan rice to resign as u.s. ambassador to the united nations after she initially claimed the attack on the consulate was pa
including paul ryan tight-lipped on the specifics of the romney plan to cut taxes but not blow up the deficit. >>> and no animals were harmed in the making of this video. skater dude meet deer. that clip later in the show. first to the news live at 5:30 a.m. at 30 rock in new york city. >>> we begin with stories from overseas where foreign policy is coming out as the central topic in the election with much of the recent focus on the attack on bengahzi, libya. romney advisers...
373
373
Sep 27, 2012
09/12
by
KQED
tv
eye 373
favorite 0
quote 0
austerity has become all too familiar in europe, facing spiraling deficits and higher unemployment, spain unleashed drafting spending cuts to date are around $50 billion. it is europe's largest -- fourth largest economy. gavin hewitt has more from madrid. >> lines of police outside the education ministry in madrid tonight. teachers protested here against cuts. they came onto the street at the government's announced the most severe round of budget savings so far. these latest austerity measures are widely seen as paving the way for a full-scale bailout. >> [spending -- speaking spanish] >> the minister of finance said he heard 2012 would be the last year the economy would shrink. another minister described it as a crisis budget designed to exit the crisis. this austerity budget aims to find savings of 40 billion joerres next year. each government department would how to make cuts of 90%. public-sector pay will be frozen for another year, and the retirement age is set to rise. >> just a few weeks ago, europe believed it had achieved a breakthrough. the european central bank said it would he
austerity has become all too familiar in europe, facing spiraling deficits and higher unemployment, spain unleashed drafting spending cuts to date are around $50 billion. it is europe's largest -- fourth largest economy. gavin hewitt has more from madrid. >> lines of police outside the education ministry in madrid tonight. teachers protested here against cuts. they came onto the street at the government's announced the most severe round of budget savings so far. these latest austerity...